Economic doom and gloom story..But is it true?

Poll - Total Votes: 13

The American economy is toast and its going to hurt me..

Nothing to see here folks. Its all good..

You can only vote on one answer.

This is just another of those "American Economy is Toast" AI generated clips. Some facts I know to be real. Some I am not so sure. I am interested any ANY points of view based on personal experience of what is happening in America today.. I am NOT interested in pro or anti left or right comments, which will be deleted.. This is about the economics. Not the politics.. "Just the facts, Ma'am" 😷
[media=https://youtu.be/oMoXTCW77b4]

This page is a permanent link to the reply below and its nested replies. See all post replies »

jehova · 36-40, M

Ive been saying precisely this for about 3 to 5 years. The only answer is grow your own food stop paying for entertainment (streaming, cable, etc) i switched back to antennae 5 years ago. Im planning to switch to dial up internet and radio instead of paid services (that still have adverts) Buy cds to avoid commercials.

If america were to produce gasoline from hemp thc that would solve alot of problems. Thc soluble in ethanol creates diesel fuel. 300 barrels an acre up to 1937 when the passage of the Marihuana Tax Act caused ww2.

whowasthatmaskedman · 70-79, M

@jehova While I disagree with a couple of your cause and effect conclusions, i accept the thrust of your savings measures..However, making gasoline from hemp (while viable) is still more costly at this time than current methods.. And also there is the matter of the employment in the oil industries lost to consider.. Solving one issue often creates a bigger one..😷

jehova · 36-40, M

@whowasthatmaskedman jobs would transfer to the new extraction method all revenue would be gdp and any profits(proceeds) would be taxed. Importing “dinosaur oil” which is the biggest scam in history is far more expensive as is processing adding 10%ethanol and various solvents to that process. Peak oil too. Prior to 1938 when hemp was made illegal and this process was abandoned gasoline was less than 1$ a gallon. Therefore even when accounting for inflation how much would gasoline cost when removing the distribution cost while transferring all production and processing to domestic parties. Less than it does now for sure!

whowasthatmaskedman · 70-79, M

@jehova But what about the oil companies share price and profits?? Being a crusader for hemp is fine. But the Capitalists with vested interests wont stand for it. I am not saying you are wrong. Just that the barriers against you are high and reinforced..😷

jehova · 36-40, M

@whowasthatmaskedman correct it is unlikely to happen yet if we want to be real and mature about it insider trading is what allowed the current players (oil tycoons) and long established interests (domestic broker firms as well as foreign interests) which hitler misguidedly blamed on the hebrews has been allowed to corner and exploit the market. Now with a felon as president There is no better time to attempt this reversal to domestic and agricultural fuel production.

whowasthatmaskedman · 70-79, M

@jehova While I appreciate the sentiment, my personal opinion is that things are so corrupted and perverted in America today that only after the current system has been demolished and those responsible (including the billionaires) dealt with harshly can a rebuild from scratch accomplish what you seek..😷

This comment is hidden. Show Comment